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Yealmbury Hill, Yealmpton, Devon

South West

£500,000

Listed on 08/06/2026

Property Details

Bedrooms
4
Type
Cottage
Area
1945 sqft

Description

Set in the charming village of Yealmpton, this character-filled cottage, believed to have origins dating back to 1670, boasts spacious four-bedroom accommodation full of period charm and potential for enhancement. The property benefits from elevated views over the village and surrounding countryside, presenting an opportunity for renovation enthusiasts to explore options such as loft conversion and the repurposing of a detached barn/workshop, pending necessary planning permissions. Yealmpton offers a prime location between the beauty of Dartmoor National Park and the stunning South Devon coastline, with proximity to Plymouth and nearby Newton Ferrers. Local amenities including shops, pubs, a primary school, and more are conveniently close. The cottage retains numerous original features like exposed beams, flagstone floors, and stone fireplaces throughout its light-filled spaces. The sitting room is inviting with an open fireplace and doors that lead to a south-facing garden. A separate dining room makes for an excellent entertaining space, while the kitchen/breakfast area is equipped with quality units and integrated appliances alongside a practical utility room. On the upper floor, you'll find four bedrooms including a generous principal bedroom showcasing countryside views and a walk-in wardrobe. The family bathroom and separate shower room offer functional facilities altogether with an additional reception landing suitable for use as a study or secondary living area. Notably, the loft presents significant possibilities for conversion into further accommodation. Externally, the property features attractive gardens at both ends; the front garden is mainly lawned with mature plantings while the rear contains patios and ornamental features contributing to its tranquil outdoor environment. A key highlight is the detached stone barn/workshop that holds considerable potential— be it for conversion into additional living space or other creative uses (subject to planning consent). Additional advantages include ample driveway parking, outdoor WC facilities, and storage areas within this unique period home that represents a rare chance to invest in a substantial property with substantial future potential in one of South Devon's most desirable locales.

Investment Analysis

(PL8 area)

Below Market Value

This property is priced -33.3% below area average per sq ft

-33.3%
Potential saving
This Property
£257/sq ft
Area Average
£386/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£824,777
10% above area average per sq ft
Potential ROI
+42.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (PL8)

Area prices are falling by -12.5% over the last 12 months
3 year growth: +2.2%
5 year growth: -4.0%
Investment Disclaimer: Analysis based on PL8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Yealmbury Hill, Yealmpton, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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